About the IFC

The Irving Fisher Committee on Central Bank Statistics (IFC) is a forum of central bank economists and statisticians, as well as others who want to participate in discussing statistical issues of interest to central banks. The IFC is established and governed by the international central banking community and operates under the auspices of the Bank for International Settlements (BIS). It is associated with the International Statistical Institute (ISI).

Rashad Cassim, Deputy Governor of the South African Reserve Bank (SARB), is the Chair of the Irving Fisher Committee on Central Bank Statistics (IFC). He is appointed for a three-year period, starting on 12 September 2019. Mr Cassim has been heading the Economic Research and Statistics Department of the SARB since 2011 and is a member of both the Financial Stability Committee and the Monetary Policy Committee of the Bank. His CV is available here.

As part of its mission to serve as a forum for central banks on statistical issues, the IFC is gathering statistical initiatives developed in response to the global Covid-19 outbreak.

Recent activities and publications

November 2021: IFC Bulletin No 55 on new developments in central bank statistics around the world on the proceedings of selected IFC-sponsored sessions at the 63rd World Statistics Congress of the International Statistical Institute (ISI).

July 2021: IFC Bulletin No 54 on Issues in Data Governance on the proceedings of the ISI IFC High Level Meeting on Data Governance "Building a Strong Community of Innovative and Forward Looking Leaders in Official Statistics", co-organised with the International Statistical Institute, the African Union Commission and the National Institute of Statistics Tunisia, in Tunis, Tunisia, on 22 November 2019.

April 2021: IFC Bulletin No 53 on Micro data for the macro world on the proceedings of the IFC Satellite Seminar on "Post-crisis data landscape: micro data for the macro world", co-organised with the Central Bank of Malaysia and the European Central Bank in Kuala Lumpur, Malaysia, 16 August 2019.

March 2021:  How COVID-19 is changing the world: a statistical perspective – Volume III

February 2021: IFC Report no 13 on the use of big data sources and applications at central banks

January 2021: The BIS All Governors' meeting approved the publication of the 2020 IFC Annual Report.

December 2020: With deep regret, the IFC was informed of the death of Hans Van Wijk, first IFC Chairman in 1996-97 (see his inaugural speech in the IFC Bulletin No 1, pp 5-11).

November 2020: IFC Working Paper No 20 on Implications of Covid-19 for official statistics: a central banking perspective 

October 2020: The proceedings of the IFC Conference on external statistics, co-organised with the Bank of Portugal and the European Central Bank in Lisbon on 17-18 February 2020 were published in the IFC Bulletin No 52.

September 2020:  How Covid-19 is changing the world: a statistical perspective - Volume II

July 2020: IFC Report on monitoring financial innovation in central bank statistics

April 2020: IFC report on computing platforms for big data analytics and artificial intelligence

February 2020: IFC Report on central banks and fintech data issues

February 2020: The proceedings of the IFC Workshop on the use of financial accounts, co-organised with the Central Bank of the Republic of Turkey, in Istanbul on 18-20 March 2019 were published in the IFC Bulletin No 51.


Latest publications